Which company shares are freely transferable 2024?
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Works at the International Labour Organization, Lives in Geneva, Switzerland.
The Indian Companies Act, 1956 ("Act") prescribes that the shares of a private limited company are not freely transferable and such restriction on the transferability of its shares must be expressly recorded within its articles of association (section 3(1)(iii)(a) of the Act).Jun 14, 2010
2023-06-08 20:01:59
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Amelia Turner
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The Indian Companies Act, 1956 ("Act") prescribes that the shares of a private limited company are not freely transferable and such restriction on the transferability of its shares must be expressly recorded within its articles of association (section 3(1)(iii)(a) of the Act).Jun 14, 2010